Nvidia Chip Halt, Meta Layoffs, and AI Market's $28.5B Boost - Daily AI Brief #371
January 20, 2026 -
Daily AI Brief
Hi there,
Welcome to today's AI Brief.
Parambil has raised $6 million to advance AI applications in litigation and healthcare. Meanwhile, New York Life has partnered with Norm Ai to enhance compliance solutions. In other news, Google is seeking a delay on a data sharing order amid an ongoing appeal.
Nvidia has halted production of its H200 chip due to a blockade in China. Additionally, Skene Technologies has secured €800,000 for AI development, and Micron plans to acquire Powerchip's P5 plant for $1.8 billion.
Welcome to today's AI Brief.
Parambil has raised $6 million to advance AI applications in litigation and healthcare. Meanwhile, New York Life has partnered with Norm Ai to enhance compliance solutions. In other news, Google is seeking a delay on a data sharing order amid an ongoing appeal.
Nvidia has halted production of its H200 chip due to a blockade in China. Additionally, Skene Technologies has secured €800,000 for AI development, and Micron plans to acquire Powerchip's P5 plant for $1.8 billion.
Parambil Raises $6 Million for AI in Litigation and Healthcare
Parambil has secured $6 million in seed funding to advance its AI solutions for complex litigation and healthcare, with Bling Capital leading the investment. Read more
New York Life Partners with Norm Ai for Compliance Solutions
New York Life has partnered with Norm Ai to enhance its compliance operations using AI-driven tools. The collaboration focuses on aligning AI-powered solutions with operational workflows to improve compliance program effectiveness. Read more
Google Seeks Delay on Data Sharing Order Amid Monopoly Appeal
Google has requested a US judge to delay an order mandating data sharing with competitors as it appeals a ruling that found it maintains an illegal monopoly in online search. The company cites concerns over exposing trade secrets. Read more
Nvidia H200 Chip Production Halted Due to China Blockade
Suppliers of parts for Nvidia's H200 chips have stopped production after Chinese customs blocked shipments of the AI processors, amid warnings to domestic firms against purchasing them. Read more
Skene Technologies Secures €800,000 Funding for AI Development
Helsinki-based Skene Technologies has raised €800,000 in a pre-seed funding round to develop autonomous AI agents aimed at enhancing user engagement and driving growth. Read more
Micron to Acquire Powerchip's P5 Plant for $1.8 Billion
Micron Technology plans to acquire Powerchip Semiconductor Manufacturing's P5 fabrication site in Taiwan for $1.8 billion, aiming to boost its DRAM production capacity by 2027. Read more
G42 Unveils Digital Embassies and Greenshield for AI
The UAE-based company G42 has launched its Digital Embassies framework and Greenshield model to help governments deploy AI securely while retaining control over their data and policies. Read more
Automation Anywhere and OpenAI Partner for AI Solutions
Automation Anywhere and OpenAI have announced a partnership to create AI-native solutions for enterprises, enhancing operations in areas like finance and customer service. Read more
AI Processor Market Sees $28.5 Billion Investment
A report by Jon Peddie Research indicates that the AI processor market has seen over $28.5 billion in investments, involving 120 startups, 17 IPOs, and 21 acquisitions. Read more
Thoughtworks Introduces AI/works™ for Software Modernization
On October 23, 2023, Thoughtworks unveiled AI/works™, a platform aimed at modernizing legacy systems and enhancing software development by integrating AI capabilities. Read more
Meta Lays Off 1,500 Employees, Closes VR Studios
Meta has laid off approximately 1,500 employees from its Reality Labs division and closed several VR game studios. This marks a shift from its metaverse focus to concentrate on AI and augmented reality products. Read more
Zhipu AI Releases GLM-4.7-Flash Model
Zhipu AI has open-sourced the GLM-4.7-Flash model, which features the new MLA architecture for improved efficiency. The model is designed for diverse applications and offers free API access. Read more
webAI Appoints New Chief Intelligence Officer
webAI has appointed Dr. Paul J. Maykish as Chief Intelligence Officer and launched the webAI Intelligence Lab, focusing on developing intelligence systems for public and corporate sectors. Read more
EQT Life Sciences Co-Leads Funding for Exciva's Alzheimer's Therapy
A €51 million Series B funding round, co-led by EQT Life Sciences and Gimv, aims to support Exciva's Phase 2 trial of Deraphan, targeting agitation in Alzheimer's patients. Read more
We hope you enjoyed this article.
Consider subscribing to one of our newsletters like Daily AI Brief.
Also, consider following us on social media:
Subscribe to Daily AI Brief
Daily report covering major AI developments and industry news, with both top stories and complete market updates
